STEEM – testing 730 resistance again

possible completion of double bottom on 4hr chart or a mini ascending triangle, estimated breakout price target to test 765 despite strong seller wall around 750, might take awhile to climb up with the amount of slow bleed unload last few days.
on daily chart, bigger double bottom W pattern, neckline zone around 830, maybe we will hit again when btc retest 4400. Or steem might just do it’s usual flash spike of 100+ to 300+ pts and selloff quickly thereafter.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :86
Volume

BITCOIN – wedge breakout testing channel top

Look like the past few days bias is valid, breakout of down wedge and tested the possible down channel top resistance around 4000 zone. Let see if it can break this resistance and head higher to 4400 zone to complete the IHS.

News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :114
Total marketcap :131
Dominance :51.2
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

The Rich Get Richer – This Infographic Says It All

For decades now there has been the outright cry of a shrinking middle class in the United States.  That, coupled with a larger concentration of wealth among the one percent has been to the chagrin of the American public for some time.
However, most don’t know what the actual income and wage numbers look like.  I recently stumbled across this info in an awesome article on Vox.
Where’d My Money Go?!?
In 1989 this was the income breakdown per every $100 USD among the different wage classes.
As you can see the top 20% got a large chunk of that income, but it was

Crypto Contest January 2: Arbidex

Arbidex (Coinmarketcap: ABXUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of Coinmarketcap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Arbidex began a wave one advance on August 31, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 1, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on December 16, 2018. If this wave count is correct, Arbidex should be heading next towards the November 1, 2018 peak in the red wave three.

(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
Arbidex compares the rates of сryptocurrency assets at multiple major exchanges and provides users

Smarter than Bit Brain

It’s a brand new year, and what better way to start a year off than with a big slice of pie? Humble pie.

From https://www.flickr.com ; by Beckmann’s Bakery ; used under CC BY 2.0 license

Smarter than Bit Brain

“If you can beat me – and that’s a big “if”! – I will publish a post of those who are “Smarter than Bit Brain” “From https://steemit.com/cryptocurrency/@bitbrain/investing-in-crypto-is-too-close-to-gambling

Technically I could get out of this: I wasn’t beaten, I was soundly thrashed!

But as much as I enjoy revelling in my own narcissistic glory whenever I can, I have to offset that by admitting when

BITCOIN – similar divergence 4hr and daily

Clean up the different channels, left with one still valid bigger down channel mentioned yesterday that’s the channel top resistance is holding strongly despite multiple test by candle to break. Possible down wedge consolidation, might retest 3680 and shadow dips below then bounce off the wedge bottom. Either the channel or wedge breakout will lead to test of 4000 again before heading 4400 to complete IHS but looks like timeframe running short unless it burst spike. Margin long have been building up in size. Bias upside
On daily chart, price still holding above previous low of 3680 support zone while stoch

Is Bitcoin Setting Up For an Explosive Move to Bring in the New Year?

Bitcoin continues to get squeezed, creating higher lows and lower highs. Overall volume remains weak. As price approaches the apex of the larger wedge it’s operating in, we should prepare for a larger move.

Looking at the 4 hour RSI, we can see it’s also getting squeezed. This also suggests a larger move to come in the next 24-48 hours.

In today’s video analysis I discuss, traps to avoid, possible trade scenarios, short term price movement and so much more. I hope you find it helpful.
Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to

New Year: Same Rules For Successful Investing

As we count down the last hours before putting a close to 2018 and turning a new year it is good to remember it’s not always about doing something new or different to start on the right foot anew, but to continue doing those things that work.
Tried and True Practices
Getting refocused is always a good thing and using the turn of the new year to do so is more than okay.
However, let’s focus on what we know works when it comes to investing.
Risk-Reward Ratios
The bottom line is if you are getting into investments or trades that have anything less than

BITCOIN – possible wedge

Looks like the bigger down channel top resistance is still holding and candle been testing it multiple times. Let see if it can close above the top resistance. If it can closed off above 4050, likely to test 4400 IHS neckline. Possible consolidation on mini descending triangle building up before breakout move. Possible wedge consolidation too.

News: (Current) | (Upcoming) CBOE BITCOIN ETF, 29 Dec 2018 (may be extended again to 27 Feb)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap : 127
Dominance :51.9
Bitfinex Margin Long/Short Volume Ratio :108
Depth Chart : (S) | (R)
Weekly Timeframe :

Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE

Bitcoin continues to consolidate just above of the $3,800 support on Coinbase. Volume remains low overall, which is a bit concerning. Price is being squeezed as the bulls and bears fight for control. I wouldn’t be surprised to see a larger move in the next 24-48 hours.

Looking at the daily chart, we see price is hovering right on top of the 21 Day EMA.

In today’s video analysis I discuss, various scenarios to prepare for, where price may be heading next and so much more. I hope you find it helpful.
Video Analysis:

If you don’t see the above video, navigate to TIMM